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Could We Use Another Big Game Lottery??

Topic closed. 52 replies. Last post 4 years ago by THRIFTY.

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United States
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Posted: August 6, 2012, 1:12 pm - IP Logged

So any dreams of having a third national lottery system, are basically being flushed down the toilet?   Crying

 


    United States
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    Posted: August 6, 2012, 1:18 pm - IP Logged

    LOL. I have a question..............

    Who told the government they were the ONLY ones allowed to run a lottery??

    Why cant we have private run lotteries that return most of the money instead of keeping it?


      United States
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      Posted: August 6, 2012, 1:23 pm - IP Logged

      I think it might have been her.   Patriot

       


        United States
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        Posted: August 6, 2012, 1:25 pm - IP Logged

        OH, I thought it may have been "BIG SIS" but you may be right.......

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          Kentucky
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          February 14, 2006
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          Posted: August 6, 2012, 3:27 pm - IP Logged

          So any dreams of having a third national lottery system, are basically being flushed down the toilet?   Crying

           

          Neither PB or MM are National lottery games because all winning tickets must be cashed in the state where they were bought. There are other smaller jackpot games like Decades of Dollars that is played in more than one state and PB has a couple of multi-state games too. All of those games are pooling the jackpots and the jackpot winnings come from those pools, but the secondary prizes are paid by the state where the ticket was sold.

          At least two state lotteries are now offering online play and eventually several states will. It's possible the necessary legislation will be passed making it legal for players living in one state to play in another. It won't create a National lottery but will give some players the option of playing different games in other states from their homes.


            United States
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            Posted: August 6, 2012, 3:54 pm - IP Logged

            Neither PB or MM are National lottery games because all winning tickets must be cashed in the state where they were bought. There are other smaller jackpot games like Decades of Dollars that is played in more than one state and PB has a couple of multi-state games too. All of those games are pooling the jackpots and the jackpot winnings come from those pools, but the secondary prizes are paid by the state where the ticket was sold.

            At least two state lotteries are now offering online play and eventually several states will. It's possible the necessary legislation will be passed making it legal for players living in one state to play in another. It won't create a National lottery but will give some players the option of playing different games in other states from their homes.

            Poor choice of words on my part, should have referred to as Multi-State Lotteries.  Thud

              RJOh's avatar - chipmunk
              mid-Ohio
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              Posted: August 6, 2012, 4:26 pm - IP Logged

              Neither PB or MM are National lottery games because all winning tickets must be cashed in the state where they were bought. There are other smaller jackpot games like Decades of Dollars that is played in more than one state and PB has a couple of multi-state games too. All of those games are pooling the jackpots and the jackpot winnings come from those pools, but the secondary prizes are paid by the state where the ticket was sold.

              At least two state lotteries are now offering online play and eventually several states will. It's possible the necessary legislation will be passed making it legal for players living in one state to play in another. It won't create a National lottery but will give some players the option of playing different games in other states from their homes.

              Neither PB or MM are National lottery games because all winning tickets must be cashed in the state where they were bought.

              If your idea of a national lottery games is buying a winning ticket in California and cashing it in New York then there will never be a national game. 

              Buying a winning ticket in California and getting a check from California that you can cash in New York is as close as it will ever get.

               * you don't need to buy more tickets, just buy a winning ticket * 
                 
                           Evil Looking       


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                Posted: August 6, 2012, 4:32 pm - IP Logged

                Poor choice of words on my part, should have referred to as Multi-State Lotteries.  Thud

                Regardless, all gov. run lotteries will all be monopolized and all run the same. It is illegal in the private sector but seems perfectly acceptable for the gov. to do it all they want.

                Someone had to give them permission. I want to see the permission slip.


                  United States
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                  Posted: August 6, 2012, 4:56 pm - IP Logged


                    United States
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                    Posted: August 6, 2012, 6:43 pm - IP Logged

                    WELL IT LOOKED REAL TO ME>>>>>>>>>>>>

                      Lucky Loser's avatar - bucks
                      Texas
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                      Posted: August 6, 2012, 9:17 pm - IP Logged

                      In my opinion, we probably could use another national game of some type. However, seeing as to how players have next to no real chance at winning the active one's, the new game needs to be reasonably easier to win so more people can experience wealth. I don't see where allowing more frequent winners, with a much lower jackpot amount, would hurt because they have two other money-makers already pulling in the dough. In addition, the the states have their own jackpot and daily games which make profits along with scratch-offs etc. 

                      I don't see where sharing the wealth could be bad...after all, the money would go right back into the economy and recirculate. Seems pretty simple to a guy like me.

                       

                      L.L.

                        mediabrat's avatar - 18z0typ
                        upstate NY
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                        Posted: August 6, 2012, 10:18 pm - IP Logged

                        It's like a Pumpi thread, but with a cast of characters that's only slightly less insane.


                        If you're looking to start a lottery game to rival the two big ones in terms of jackpot size, I'm not sure the market can support a third big game.  You'd probably be better off with a game with smaller jackpots (say, a million dollars) but better odds (say, a 5/35 or 5/39 matrix).  If you can show that multiple jackpots can be won with every drawing, you just might get a popular game.

                        You would have to be careful to get the details right.  NY's Sweet Million, a game with a million dollar jackpot, is not doing well.  However, the details are all wrong.  The odds are completely unrealistic; the 6/40 matrix is more appropriate for a multi-million dollar game.  The lower-tier prizes are also out of whack, paying out $500, $40, and $3 for matching 5, 4, and 3 numbers out of 6, respectively.  In order to be successful, the lower-tier prizes would have to be competitive with the two big games, perhaps even better.

                        I haven't done the math, so I don't know if any of this would be financially feasible, but it's something to consider.

                        Patriot


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                          Posted: August 7, 2012, 6:05 am - IP Logged

                          No more room for a third guy ehh?.......Nyuk, Nyuk, Nyuk.   Stooges

                           

                            rcbbuckeye's avatar - Lottery-043.jpg
                            Texas
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                            Posted: August 7, 2012, 8:20 am - IP Logged

                            It's like a Pumpi thread, but with a cast of characters that's only slightly less insane.


                            If you're looking to start a lottery game to rival the two big ones in terms of jackpot size, I'm not sure the market can support a third big game.  You'd probably be better off with a game with smaller jackpots (say, a million dollars) but better odds (say, a 5/35 or 5/39 matrix).  If you can show that multiple jackpots can be won with every drawing, you just might get a popular game.

                            You would have to be careful to get the details right.  NY's Sweet Million, a game with a million dollar jackpot, is not doing well.  However, the details are all wrong.  The odds are completely unrealistic; the 6/40 matrix is more appropriate for a multi-million dollar game.  The lower-tier prizes are also out of whack, paying out $500, $40, and $3 for matching 5, 4, and 3 numbers out of 6, respectively.  In order to be successful, the lower-tier prizes would have to be competitive with the two big games, perhaps even better.

                            I haven't done the math, so I don't know if any of this would be financially feasible, but it's something to consider.

                            Hot Lotto which is part of MUSL...Powerball comglomerate.

                            I wouldn't mind Hot Lotto being available nationwide. Even though Texas sells Powerball, we don't have Hot Lotto. Not sure why. It seems to only be available in states that originally had Powerball.

                            CAN'T WIN IF YOU'RE NOT IN

                            A DOLLAR AND A DREAM (OR $2)

                              Avatar
                              Kentucky
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                              Posted: August 7, 2012, 11:32 am - IP Logged

                              It's like a Pumpi thread, but with a cast of characters that's only slightly less insane.


                              If you're looking to start a lottery game to rival the two big ones in terms of jackpot size, I'm not sure the market can support a third big game.  You'd probably be better off with a game with smaller jackpots (say, a million dollars) but better odds (say, a 5/35 or 5/39 matrix).  If you can show that multiple jackpots can be won with every drawing, you just might get a popular game.

                              You would have to be careful to get the details right.  NY's Sweet Million, a game with a million dollar jackpot, is not doing well.  However, the details are all wrong.  The odds are completely unrealistic; the 6/40 matrix is more appropriate for a multi-million dollar game.  The lower-tier prizes are also out of whack, paying out $500, $40, and $3 for matching 5, 4, and 3 numbers out of 6, respectively.  In order to be successful, the lower-tier prizes would have to be competitive with the two big games, perhaps even better.

                              I haven't done the math, so I don't know if any of this would be financially feasible, but it's something to consider.

                              I'll bet some of the same ideas for multi-state lottery games being discussed here were discussed at MUSL meetings.

                              MUSL currently has six multi-state games including MM and PB. Hot Lotto is played in 14 states and in D.C., Wild Card 2 is played in four less populated states, 2by2 is played in three states, and MegaHits is a slot machine type game played in casinos in three states. Those four games all have smaller jackpots but it still gives the players  the chance to win a nice jackpot with better odds in states without jackpot games. Wild Card 2 is a twice a week 5/31 + 1/16 game with a current jackpot of $440.000 and overall odds of 1 in 6.16 of winning something.

                              In the past, MUSL tried nine other multi-state games so the idea of creating a third large jackpot games has probably been discussed many times by the membership.